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Ditching bond yield cap will be tricky task for new Bank of Japan governor
日本央行新行長將面臨收益率上限難題

Kazuo Ueda has hinted that ‘yield curve control’ is unlikely to survive in its existing form once he takes the helm
植田和男暗示,一旦他掌舵日本央行,「收益率曲線控制」不太可能以現有的形式存在。

Incoming Bank of Japan governor Kazuo Ueda confessed that he did not have a “magical” monetary policy solution to resolve the nation’s decades-long battle to spur inflation when he appeared in front of the Japanese parliament last week.

即將上任的日本央行行長植田和男(Kazuo Ueda)上週在日本國會作證時承認,他沒有一個「神奇的」貨幣政策解決方案,來解決日本數十年來刺激通膨的鬥爭。

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